In impunity bargaining with concession, opportunistic proposers would not offer anything nor concede. Opportunistic responders should not accept first offers since second offers could be more generous, for example, due to random trembles. On the contrary, our experimental data, elicited via the strategy vector method, show that participants moderate initial claims and concede, albeit by small amounts. The considerable heterogeneity in behavior suggests that disagreement is unpleasant: participants avoid it by yielding (demanding firstly less than what can be shared) and conceding (lowering first demand). Overall agreement dominates interpersonally (one plays against another) and intrapersonally (as if one plays against oneself).

Di Cagno, D., Güth, W., Panaccione, L., Scarafile, M.c. (2023). Proposer and responder conceding in impunity bargaining. METROECONOMICA, 74(4), 722-747 [10.1111/meca.12437].

Proposer and responder conceding in impunity bargaining

Panaccione, Luca;Scarafile, Maria Cristina
2023-01-01

Abstract

In impunity bargaining with concession, opportunistic proposers would not offer anything nor concede. Opportunistic responders should not accept first offers since second offers could be more generous, for example, due to random trembles. On the contrary, our experimental data, elicited via the strategy vector method, show that participants moderate initial claims and concede, albeit by small amounts. The considerable heterogeneity in behavior suggests that disagreement is unpleasant: participants avoid it by yielding (demanding firstly less than what can be shared) and conceding (lowering first demand). Overall agreement dominates interpersonally (one plays against another) and intrapersonally (as if one plays against oneself).
2023
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore STAT-02/A - Statistica economica
English
concession
disagreement
impunity game
strategy vector method
Di Cagno, D., Güth, W., Panaccione, L., Scarafile, M.c. (2023). Proposer and responder conceding in impunity bargaining. METROECONOMICA, 74(4), 722-747 [10.1111/meca.12437].
Di Cagno, D; Güth, W; Panaccione, L; Scarafile, Mc
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/411163
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